7248 Hustleville Rd Albertville, AL 35951

This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General store located at 7248 Hustleville Rd, Albertville, AL 35951. The property boasts a strong 6.50% cap rate and a compelling asking price of $1,408,996, translating to $132.42 per square foot. The property is a single-tenant, absolute NNN lease with a corporate guarantee, minimizing landlord responsibilities. The lease commenced on November 20, 2022, and features a 15-year initial term with two 5-year renewal options, each including a 10% rent increase. This translates to a substantial annual net operating income (NOI) of $91,584, with a monthly rental income of $7,632.06. The building, constructed in 2022, is a single-story structure offering 100% occupancy. Albertville, situated in northeastern Alabama's Marshall County, has a population of approximately 22,000 residents, providing a stable market for this essential retail establishment. This is a secure, passive income investment with significant long-term growth potential, backed by a nationally recognized tenant. The property's strong financials and long-term lease make it an attractive addition to any portfolio.